See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

723 N Market Street, Washington, NC, 27889

5beds
4baths
2,219sqft
$415,000
$187price/sqft
$2,710/moest. monthly cost
$108,400/yrincome needed

About This Home

Fully renovated, historic 1930 duplex in the heart of Washington, NC--a turnkey opportunity for investors or owner-occupants just a pleasant 15-minute walk from the scenic downtown waterfront and Main Street. Taken down to the studs and thoughtfully restored, both units feature open-concept living, kitchen, and dining spaces, durable LVP flooring, screened rear porches, tile walk-in showers, dedicated tankless water heaters, a new metal roof, and brand-new HVAC systems. One side offers three bedrooms (all upstairs), two full baths, and an upstairs laundry nook; the other is a single-level plan with two bedrooms on the primary level, two full baths (one with the laundry area), and easy access to outdoor space. Move-in ready and designed to perform--limited modern hotel options in Washington make short-term rentals attractive; with typical Airbnb rates around $160-$200/night, each unit could generate conservatively $30,000 annually at 50% occupancy, providing strong income potential or the chance for an owner-occupant to live in one unit while the other covers expenses. BnB projections and comps available. Additional benefits include a detached shed and off-street parking. Situated near Washington's vibrant riverside scene with galleries, seasonal festivals, marinas, shops, and everyday conveniences--plus local legend Bill's Hot Dogs--this updated duplex blends smart renovation, reliable systems, and solid market appeal; schedule a showing before it's gone.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

--
Eastern ElementaryGrades PK-10.9 mi
4/10
P S Jones MiddleGrades 6-83.6 mi
3/10
Washington HighGrades 9-122.1 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Brick/Mortar,Block,Crawl Space
  • Roof: Shingle
  • Construction materials: Wood Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,See Remarks,Refrigerator,Tankless Water Heater

Basement

  • Basement: None

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: First

Bathroom4

  • Level: Second

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Apt/Suite
  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: LVT/LVP

Heating & Cooling

  • Heating features: Electric,Heat Pump,Zoned
  • Cooling features: Central Air,Zoned,Multi Units

Interior Area

  • Total structure area: 2,219
  • Total interior livable area: 2,219 sqft

Kitchen

  • Level: First

Kitchen

  • Level: First

Living Room

  • Level: First

Living Room

  • Level: First

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 44160
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Covered,Deck,Enclosed,Porch,Screened,Front Porch
  • Exterior features: Storm Doors
  • Fencing: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 2200 - 2399

Lot

  • Lot size: 5,663 sqft
  • Features: Corner Lot
  • Lot size dimensions: Irregular

Parking

  • Parking features: On Street,Unpaved,Off Street,On Site
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Winter Weather
Lightning
Strong Wind
Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters in Beaufort County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,098$25,176
Home Insurance *$206$2,472
Property Taxes $200$2,400
Electricity $206$2,480
Total$2,710$32,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,914/yr
40% on housing$81,300/yr
45% on housing$72,266/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.2%
5.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 27889$151
Beaufort County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27889$158
Beaufort County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-16Price change$399,000
2026-06-18Listed for sale$415,000
2019-05-01Listing removed$62,000
2018-11-03Listed for sale$62,000

For Sale by Agent

AgentMilton Ross Gould
BrokerageKeller Williams Crystal Coast

Similar Homes